Even if you can't use it on your own body, it'll work against the ground. And 5,000 pounds of thrust will get you going pretty fast. So that covers both flight and speed.
Or does telekinesis make me gain 5,000 pounds? If so, then maybe flight. lol
Most depections of telekinesis do not exert an opposing force on the user, in other words the force is exerted in an arbitrary vector from an arbitrary point in space. That means you could compress a hole in the ground under you but not levitate at all because the force doesn't act on your body. If it did act on your body lifting 5000 lb would crush your bones to dust.
As other people have pointed out a better option is the "magic carpet ride" or more desirable "flying motocycle" angle, where you Exert force on an object and it moves you as it normally would when pushed or pulled by any other force. I personally like the "infinite parasailing/paragliding" angle as it is possible to do without immediately being noticeable as strange by the public, and it requires less mental effort since you are still using lift for upforce.